September 10, 2020
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September 9, 2020
Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds.
Content Type(s):
Press,
Press releases
September 8, 2020
The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2021 Fellowship and Governor’s awards.
Bank of Canada announces the launch of the 2021 Fellowship Program awards
Content Type(s):
Press,
Announcements
Source(s):
Fellowship Program
August 27, 2020
The imperative for public engagement
Remarks (delivered virtually)
Tiff Macklem
Federal Reserve Bank of Kansas City Jackson Hole Symposium
Jackson Hole, Wyoming
Governor Tiff Macklem talks about the need for the Bank to be clear, relatable and understandable when it communicates with the public.
Content Type(s):
Press,
Speeches and appearances,
Remarks
Topic(s):
Coronavirus disease (COVID-19),
Credibility,
Monetary policy,
Monetary policy and uncertainty
August 26, 2020
Closing remarks
Remarks (delivered virtually)
Carolyn A. Wilkins
Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework”
Ottawa, Ontario
Senior Deputy Governor Carolyn A. Wilkins concluded a day-long workshop on the renewal of the monetary policy framework with a summary of the discussions, and she outlined next steps on the path to the 2021 renewal.
Content Type(s):
Press,
Speeches and appearances,
Remarks
Topic(s):
Central bank research,
Inflation targets,
Monetary policy,
Monetary policy and uncertainty,
Monetary policy framework